SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Question 32 of 100Question ID:612999During a recession, a project manager posts a positive risk that in the current economic environment, cheaper resources may become available. On the way into work, the project manager hears about a competitor going out of business and contacts the competitor to acquire some equipment, materials, and supplies at a fraction of their normal value.What is the project manager doing?
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AExecuting a mitigation plan
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BResponding to a contingency plan trigger
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CTransferring an identified risk
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DSharing a realized positive risk
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Explanation:
Detailed explanation-1: -"Project Managers play the lead role in planning, executing, monitoring, controlling, and closing projects. They’re expected to deliver a project on time, within the budget, and brief while keeping everyone in the know and happy."
Detailed explanation-2: -Which of the following is the BEST method to achieve a realistic project management plan? If we were to rephrase the question, it is asking, “Who creates the project management plan?” The best answer is that project management plans are created by the project manager but require input from the team. 17.
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